NSE listing drought: What ails Kenya’s capital markets

GRAPHIC | CHRISPUS BARGORETT | NMG

The past two decades have been a roller-coaster for the Nairobi Securities Exchange (NSE), swinging from highs that created new millionaires by the fistful, to lows of disheartening losses running into billions of shillings.

The first of the decades, between 2004 and 2014, was a period of innovation and change for the market, and endless opportunities to make money for investors.

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Note: The results are not exact but very close to the actual.